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Deposit Insurance Agency fails to prove claim in shipbuilder's pledged shares
The Deposit Insurance Agency, which is Mezhprombank's bankruptcy manager, has failed to prove its claim in the Central Bank's lawsuit on the enforcement of a shipbuilder's pledged shares in the appeals court, the court told the Russian Legal
Updated: 10/26/2011 09:01A
Preparing for the big 'what-ifs' of corporate life: the final 'living wills
The DFA Rule requires a plan for a rapid and orderly resolution – liquidation or orderly restructuring – under the Bankruptcy Code and other insolvency statutes applicable to particular types of regulated entities (such as securities broker-dealers),
Updated: 10/26/2011 08:48A
Crucial vote on legal aid
According to the campaign group Justice for All, 3164 people in Wiltshire are likely to suffer if the Government changes are brought in, possibly as early as April next year. Justice for All spokesman Gail Emerson said: “In Wiltshire, as in the rest of
Updated: 10/26/2011 08:46A
Why the Government is Not Going to Force Banks to Write Down Your Mortgage
There is one thing that has been proposed that you could do: principal write-downs on mortgages in bankruptcy. Adam Levitin wants a special "Chapter M" that would efficiently just strip mortgage debt. He's a legal expert and I'm not, so I'll defer to
Updated: 10/26/2011 08:44A
Court to hear lingerie retailer's self-bankruptcy petition on November 1
A commercial court has declared on Wednesday a recess until November 1 in its hearing of the Wild Orchid lingerie and men's underwear retailer's petition for own bankruptcy, the Russian Legal Information Agency reports from the courtroom.
Updated: 10/26/2011 08:26A
Give bankruptcy a chance
They took their peak earnings...invested in stocks or real estate...or simply spent the money. Now, what have they got? They've got to do a lot of saving! The trouble with saving money is that it is incompatible with a debt-soaked economy.
Updated: 10/26/2011 08:14A
Europe under pressure: China slows
by Contributed - Story: 66337 The Greek government passed a new round of austerity measures in order to stave off bankruptcy as violence erupted for a second day in Athens. Moody's downgraded Spain's sovereign credit rating by two notches and,
Updated: 10/26/2011 08:04A
Workers Laid Off By KEL Law Firm
“Mistakes in a consumer-bankruptcy case involving Sanchez and the inadvertent violation of a related court order drew the wrath of US Bankruptcy Judge Arthur Briskman, who temporarily barred KEL from practicing bankruptcy law in the Middle District of
Updated: 10/26/2011 07:36A
Suntech Power is Still Making Profit, Said Company CEO
iChinaStock News) Shi Zhengrong, Chairman and CEO of Suntech Power (NYSE: STP), said in an interview with Chinese media today that the company is still making profit, refuting earlier rumors that the Chinese solar panel maker is going into bankruptcy.
Updated: 10/26/2011 07:35A
U.S. Solar Companies Continue To Struggle
However, Evergreen Solar filed for Chapter 11 bankruptcy in August 2011 and is now trading on the OTC pink sheets. Another US-based solar company that filed for bankruptcy is SpectraWatt Inc., which was supported by Intel Corp. (INTC).
Updated: 10/26/2011 07:14A
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